Real Estate News

Jan. 17, 2021

The Monday Minute January 18, 2021

 

New listings and buyer activity in the Palm Springs area remain consistent this week, but we are not seeing the normal seasonal increase in new listings. That is putting continued upward pressure on selling prices and making buyers compete for the best homes as soon as they hit the ...

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Jan. 15, 2021

Our Market Is On Fire … Half Of Our Inventory Up In Smoke!

 

With COVID-19 restriction & statewide lockdowns, the valley has become a refuge for people from the major cities. This has caused a frenzy, therefore an increase in home sales over the last few months that shows no signs of slowing down.

 

The number of homes sold last month ...

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Jan. 11, 2021

The Monday Minute January 11, 2021

 

New listings and buyer activity in the Palm Springs area have recovered after a rather dramatic slump over the holidays. Upward pricing pressure continues as inventory remains near record lows.

 

 

Scroll down to view all of the charts for this update.

 

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Jan. 4, 2021

The Monday Minute - January 4, 2021

 

The holidays have definitely impacted the Palm Springs real estate market. With big drops in new listings and new escrows, but a big jump in average selling prices.

Check out the charts for the update below.

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Dec. 21, 2020

The Monday Minute - December 21, 2020

 

The Palm Springs area real estate market remains strong through this holiday season. The big issue is lack of available inventory, and that continues to drive up home prices and is making it a challenging market for buyers.

 

Scroll down to view the charts that accompany this update ...

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Dec. 15, 2020

COVID-19 Lock-Downs Can’t Slow Down Our Real Estate Market!

 

With COVID-19, state wide lockdowns and all the uncertainty going on with country’s economy, the desert’s real estate market seems to be thriving. In fact, the increase in home sales we’ve seen over the last few months has incredible and shows no signs of slowing down.

 

The ...

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Dec. 13, 2020

The Monday Minute - December 14, 2020

 

Home prices are on the rise in the Palm Springs area are on the rise due to one overriding factor, the lack of available inventory. 

 

 

Watch our latest update, then scroll down to view all of the charts from this update.

 

 

 

 

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Dec. 6, 2020

The Monday Minute - December 7, 2020

Did we see a rebound in buyer activity after the drop over the Thanksgiving weekend? Watch our latest video to find out.  

Scroll down to view all of the charts that accompany this update. 

 

 

 

 

 

 

 

 

 

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Nov. 30, 2020

The Monday Minute - November 30, 2020

Last week was a holiday week for many people, and it looks like the Palm Springs area real estate market was on holiday as well! Virtually all numbers were down this week -- by a lot -- and that was likely a direct impact of our long Thanksgiving weekend.

 

 

Check ...

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Nov. 22, 2020

The Monday Minute - November 23, 2020

The Palm Springs area real estate market is showing no signs of cooling down. While inventory remains low, buyer activity bounced back this week with a +23% increase in new escrows, and closed transactions were up +49.6%.

 

Don't forget to check out the charts that accompany this ...

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